The current NAV of HDFC Defense Fund is Rs 21.33 and its current fund size is Rs 3996.82 crore. Let us tell you that this fund invests in different companies of the defense sector.
Mutual Fund Return: Mutual funds are considered a great investment tool for long term investment. In mutual funds, investors get the attractive returns of the stock market as well as the huge profits of compounding. The longer you invest in mutual funds, the bigger your profit and corpus will become.
But there are many schemes which have made investors rich by giving huge returns in just 1 year. Today we are going to tell you about one such mutual fund scheme, which has given a tremendous return of 79.73 percent to its investors in just one year. However, in this way the risk increases a lot in a short period.
HDFC Defence Fund
The direct plan of HDFC Defence Fund has given a huge return of 79.73 percent to investors in the last one year. In this way, this scheme has made a lump sum investment of Rs 10 lakh made a year ago into Rs 17.97 lakh today. The current NAV of HDFC Defence Fund is Rs 21.33 and its current fund size is Rs 3996.82 crore. Let us tell you that this fund invests in different companies of the defense sector.
The fund’s money is invested in 21 companies of the defense sector
The money invested in HDFC Defense Fund is currently being invested in the stocks of a total of 21 companies of the defense sector. These include a total of 21 companies like Bharat Electronics Limited, Hindustan Aeronautics Limited, Solar Industries India, Saint DLM, BEML, Tarsen & Toubro, Interglobe Aviation. Currently, the maximum 19.50 percent of the money of this fund is invested in Bharat Electronics Limited.
What are the tax rules
If you invest in HDFC Defence Fund and withdraw it within 1 year, you will have to pay an exit load of 1 percent. Apart from this, if you exit after making a profit within 1 year, you will have to pay a capital gains tax of 20 percent. If you are withdrawing money after a year and your return is more than Rs 1.25 lakh, then you will have to pay tax at the rate of 12.5 percent.
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